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16324 NE 21st St - Grove @ 162nd 2 - 16 Townhome Units 16 Unit Apartment Building Offered at $920,000 Vancouver, WA 98684
Investment Highlights
- Built in 2022 with modern construction and contemporary finishes.
- Convenient access to I-205, Highway 14, shopping, dining, and Portland International Airport.
- Open-concept living area features quartz countertops and a breakfast island.
Executive Summary
16 individually deeded, tenant-occupied townhomes available for sale, in blocks of 2 or more, located in the Grove at 162nd Ave community in east Vancouver, WA. Sixteen highly desirable homes that were built in 2022 by the seller. This offering represents a portfolio of fully leased and professionally managed townhomes that deliver in place income from day one.
Property Facts
| Price | $920,000 | Apartment Style | Townhome |
| Price Per Unit | $57,500 | Building Size | 24,432 SF |
| Sale Type | Investment | Average Occupancy | 98% |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 16 | Year Built | 2022 |
| Property Type | Multifamily |
| Price | $920,000 |
| Price Per Unit | $57,500 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 16 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Size | 24,432 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2022 |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 986059-966 | Improvements Assessment | $295,507 |
| Land Assessment | $170,000 | Total Assessment | $465,507 |
Property Taxes
Parcel Number
986059-966
Land Assessment
$170,000
Improvements Assessment
$295,507
Total Assessment
$465,507
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Presented by
Ginn Group
16324 NE 21st St - Grove @ 162nd 2 - 16 Townhome Units
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